Business climate
A duty free zone; available buildings of privatized and closed municipal and state-owned companies; a national plan forregional development that gives the municipality a priority position with regard to economic revival and local economy restructuring; opportunities to establish an European region for cross-border cooperation; year 2000 development programs for the northwestern region; attraction of investments and development of transit tourism, SMEs, agriculture, light industry; investments in human resources training and re-training; development of consulting services for businesses; construction of recreation, sports and tourism facilities; municipal lots available for development; existence of legislation governing long-term leases (concessions) on natural resources; use of monuments of culture and history as well as authentic folklore for tourism development purposes; establishing a labor market; completion of the agricultural reform and opportunities for agricultural land enlargement; increased number of able-bodied citizens; expansion of municipal electric supply capabilities; river transport development; air transport re-development existing opportunities for sports and modernization of sports facilities.
Opportunities for holding business meetings, conferences, etc. in the town of Vidin
The municipality has developed structures in support of business. Some of them with good reputation and special role are: Regional Development Agency and Business Center, Regional Agrarian Business Center, Business Incubator, Chamber of Commerce and Industry in Vidin, Labor Bureau, Baker's Association, Meat Manufacturing Association, Road Transportation Union, Bulgarian Construction Chamber, Industrial and Economic Association and other branch(professional) and civil associations and organizations.
Municipality of Vidin is located 200 kilometers away from Bulgaria's capital, Sofia. Its location makes it easily accessible and determines its importance for the national and the European transport networks. The municipality borders Romania and is close to Yugoslavia.
The geographic location of the municipality predetermines its importance as a transport hub. It is also a prerequisite for the construction of a second bridge over the Danube and of the No. 4 transport corridor (north-south), the shortest road link between the countries in Western, Central and Eastern Europe.
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Ferryboat: Vidin - Kalafat (Romania), 2.5 km away from Vidin.
Serves the 1,150-meter water section of European transport corridor No. 4: Germany, Austria, Czech Republic, Slovakia, Hungary, Romania (Kalafat), Bulgaria (Vidin), Greece, Turkey.
- Vidin River Harbor Customs - processes cargoes and passengers on European transport corridor No. 7 (along the Danube): Germany, Austria, Hungary, Serbia, Bulgaria and Ukraine.
- Vidin North Port - located at the ferryboat and the duty free zone, 2.5 km away from Vidin.
- Cargo Port South - located in Vidin's Southern Industrial Zone, with RO-RO and RO-LA terminals.
- Bregovo customs (Bulgaria) - Serbia (Negotin - Belgrade - Novi Sad - Subotica)- Hungary ( Szeget), 30 km away from Vidin.
- Koula customs (Bulgaria) - Serbia (Zaichar, Belgrade), Croatia, Slovenia, Italy, Switzerland - 35 km away from Vidin